Golden Finance reported that the UK fintech company Revolut has erupted in controversy with several former employees, stemming from the high tax burden these employees face after exercising stock rewards. They believe that the information previously provided is inconsistent with the final tax treatment results, leading to a conflict between tax understanding and expectations. This conflict involves Revolut's tax arrangements and communication methods regarding employees' departures or cashing out, and currently, there are differences between both parties on how to handle the related tax issues.
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The UK fintech company Revolut is in conflict with former employees over stock rewards tax issues.
Golden Finance reported that the UK fintech company Revolut has erupted in controversy with several former employees, stemming from the high tax burden these employees face after exercising stock rewards. They believe that the information previously provided is inconsistent with the final tax treatment results, leading to a conflict between tax understanding and expectations. This conflict involves Revolut's tax arrangements and communication methods regarding employees' departures or cashing out, and currently, there are differences between both parties on how to handle the related tax issues.